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Firms A and B formally agree to each put up $25 million to create firm C. Firm C will perform environmental testing on the products
Firms A and B formally agree to each put up $25 million to create firm C. Firm C will perform environmental testing on the products produced by both Firm A and Firm B. Which one of the following terms describes Firm C? Joint venture Going- private transaction Conglomerate Subsidiary Leveraged buyout
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